Asian shares slugged, bonds bought amid trade gloom
Updated : August 26, 2019 08:38 AM IST
Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-2016, while gold hit its highest since April 2013 as risk was shunned.
Japan’s Nikkei lost 2.3 percent, while Shanghai blue chips fell 1.2 percent. E-Mini futures for the S&P 500 eased 0.8 percent, and EUROSTOXX 50 futures 1.1 percent.
White House said on Sunday that Trump wished he had raised tariffs on Chinese goods even higher last week, even as he signaled he did not plan to follow through with a demand that US firms close operations in China.
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